Financial Accounts of the United States - Z.1

S1281.s Life insurance companies 🕮 PDF
Line Description Series 2023 2024 2025 2025:Q1 2025:Q2 2025:Q3 2025:Q4 2026:Q1 2026:Q2
Line 1 Total financial assets FL544090005 9752.8 10364.9 11080.0 10376.8 10691.6 11005.8 11080.0 11001.5 11487.4
Line 2 Checkable deposits and currency FL543020005 143.3 150.6 174.0 146.9 159.6 175.7 174.0 170.9 189.1
Line 3 Debt securities LM544022005 4015.6 4187.5 4536.2 4286.1 4384.7 4510.7 4536.2 4559.4 4647.6
Line 4 Open market paper FL543069105 30.9 36.6 24.1 38.6 35.9 30.0 24.1 29.9 32.0
Line 5 Treasury securities LM543061105 182.0 187.3 208.4 192.2 194.5 203.4 208.4 219.0 229.2
Line 6 Agency- and GSE-backed securities LM543061705 264.8 259.2 272.8 266.9 272.7 276.8 272.8 272.5 276.7
Line 7 Municipal securities LM543062005 193.4 170.9 167.7 166.7 165.8 169.3 167.7 164.9 165.6
Line 8 Corporate and foreign bonds LM543063005 3344.5 3533.5 3863.3 3621.8 3715.7 3831.2 3863.3 3873.1 3944.2
Line 9 Loans FL544035005 1001.6 1078.5 1152.0 1089.7 1112.0 1128.1 1152.0 1155.1 1171.0
Line 10 Security repurchase agreements FL542051075 5.6 5.4 4.6 5.8 5.1 4.8 4.6 5.9 6.4
Line 11 Mortgages FL543065005 824.6 891.8 955.1 899.8 920.7 934.9 955.1 957.6 966.9
Line 12 Other loans and advances FL543069005 171.3 181.3 192.2 184.1 186.2 188.4 192.2 191.6 197.7
Line 13 Corporate equities LM543064105 695.9 800.5 824.5 782.8 830.2 849.7 824.5 786.8 861.4
Line 14 U.S. direct investment abroad: equity LM543092173 39.5 39.6 40.8 39.2 39.5 38.7 40.8 42.4 47.9
Line 15 Equity in FHLB FL543092473 8.8 10.6 12.0 11.0 11.5 11.9 12.0 12.9 12.8
Line 16 Money market fund shares FL543034005 102.6 102.8 113.4 101.4 106.5 114.5 113.4 111.9 114.8
Line 17 Mutual fund shares LM543064205 1535.0 1603.9 1671.2 1528.1 1623.1 1679.2 1671.2 1584.0 1728.6
Line 18 Hedge fund shares LM543064773 102.9 126.5 136.2 124.6 127.1 130.8 136.2 133.0 148.7
Line 19 Private debt fund shares LM543064570 77.0 85.6 99.1 86.7 88.3 89.4 99.1 92.5 92.1
Line 20 Life insurance reserves FL543040005 324.9 320.8 316.6 319.7 318.7 317.7 316.6 319.3 320.7
Line 21 Pension entitlements FL543050005 575.0 704.7 693.2 701.8 699.0 696.1 693.2 705.0 712.1
Line 22 Trade receivables FL543070005 144.7 151.5 147.7 150.5 149.6 148.7 147.7 149.0 154.5
Line 23 U.S. direct investment abroad: intercompany debt LM543092375 -0.3 -0.3 -0.2 -0.2 -0.3 -0.3 -0.2 -0.2 -0.2
Line 24 Miscellaneous assets FL543090005 986.2 1002.1 1163.3 1008.2 1042.1 1115.1 1163.3 1179.6 1286.3
Line 25 Balances due from holding company parent FL543094703 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Line 26 Deferred and unpaid life ins. premiums FL543077073 39.4 39.5 41.0 42.4 42.0 39.2 41.0 45.7 43.8
Line 27 Other reserves FL543095105 85.5 90.0 89.9 90.0 90.0 89.9 89.9 90.8 90.6
Line 28 Other FL543093005 861.4 872.5 1032.5 875.7 910.1 986.0 1032.5 1043.1 1151.9
Line 29 Total liabilities and equity FL544194005 9740.2 10392.2 10990.9 10375.4 10653.4 10915.0 10990.9 10951.4 11382.3
Line 30 Total liabilities FL544190005 9399.2 10024.9 10609.8 10004.8 10284.0 10535.1 10609.8 10597.4 10991.9
Line 31 Loans FL544141075 174.2 198.4 209.6 205.3 209.8 210.2 209.6 235.7 242.9
Line 32 Security repurchase agreements FL542151073 36.1 41.7 36.0 44.7 39.3 37.1 36.0 42.0 45.5
Line 33 Other loans and advances FL543169373 138.1 156.7 173.7 160.7 170.6 173.1 173.7 193.7 197.4
Line 34 Life insurance reserves FL543140005 2468.2 2576.6 2589.7 2565.8 2596.8 2601.8 2589.7 2592.6 2643.7
Line 35 Pension entitlements(2) FL543150005 4232.4 4584.7 4833.1 4542.2 4688.4 4792.9 4833.1 4783.5 5009.2
Line 36 Trade payables FL543170005 464.6 580.9 567.0 577.4 573.9 570.4 567.0 570.6 589.6
Line 37 Taxes payable FL543178075 7.2 5.4 5.7 5.2 4.7 5.3 5.7 5.3 4.5
Line 38 Foreign direct investment: intercompany debt LM543192375 4.0 3.1 2.8 3.1 2.9 2.8 2.8 2.9 2.8
Line 39 Miscellaneous liabilities FL543190005 2048.5 2075.8 2401.8 2105.8 2207.4 2351.7 2401.8 2406.9 2499.1
Line 40 Other investment by holding company parent FL543194703 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Line 41 Funding agreements backing securities(3) FL673090543 190.1 221.0 281.1 234.1 255.2 276.3 281.1 291.7 301.6
Line 42 Other reserves(4) FL543195005 488.4 501.8 502.1 501.2 505.0 504.3 502.1 508.3 508.5
Line 43 Unallocated insurance contracts FL593095005 840.4 868.4 910.1 868.1 888.1 903.6 910.1 904.4 930.4
Line 44 Other FL543193005 529.6 484.6 708.5 502.4 559.1 667.5 708.5 702.5 758.6
Line 45 Total equity FL543181105 341.0 367.3 381.1 370.6 369.4 379.8 381.1 354.0 390.4
Line 46 Corporate equities (market value) LM543164175 255.0 288.7 293.8 291.4 286.9 296.8 293.8 268.0 299.6
Line 47 Foreign direct investment: equity LM543192173 86.0 78.6 87.3 79.2 82.5 83.0 87.3 86.0 90.8
Line 48 Equity investment by holding company parent FL543194603 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
 
Memo:
Line 49 Securities lending(5) FL543200073 40.6 45.5 58.6 50.1 54.1 50.9 58.6 52.6 57.5
Line 50 Direct reserve FL543176015 7767.0 8292.7 8675.8 8257.6 8488.9 8638.2 8675.8 8650.9 8964.0
Line 51 Reinsured to U.S. reinsurers FL543176025 1020.0 1051.5 1042.2 1043.4 1046.1 1046.5 1042.2 1048.7 1066.0
Line 52 Reinsured to non-U.S. reinsurers FL543076035 993.9 1129.8 1111.3 1123.2 1120.3 1116.6 1111.3 1125.3 1138.2
Line 53 Reinsured from non-U.S. reinsurers FL543176035 2.7 4.1 4.1 4.1 4.1 4.1 4.1 4.2 4.2

Notes:

  1. Additional detail on the financial assets and liabilities held in life insurer's general and separate accounts is available on tables S1281.1.s and S1281.2.s.
  2. Annuity reserves held by life insurance companies, excluding unallocated contracts held by pension funds, which are shown in other reserves.
  3. Equal to funding agreement-backed securities (FABS) issued by domestic issuers of asset-backed securities.
  4. Includes reserves for accident and health policies, policy dividend accumulation, and contract claims.
  5. Liability for securities lending collateral, included in miscellaneous liabilities, other.
Last Update: September 11, 2026